Today, the Council agreed its position on the planned classification of sustainable investments. The Commission had published the relevant proposal for a regulation in May last year. The Council text contains wording that could potentially allow nuclear power to be listed as sustainable activity (climate neutral energy (including carbon-neutral energy)). This would mean, for example, […]
Taxonomy: Controversial vote on sustainable finance classification
In the Paris Climate Agreement, the world promises to bring financial flows in line with the global climate targets. To this end, sustainable investments must also evolve from a niche to a new standard. That is why Bas Eickhout (Greens, Netherlands), rapporteur for the European Parliament on the regulation on the classification („taxonomy“) for sustainable […]